Monday 23rd April 2007 - 3:42:25 AM

Babar Ali
U. of Washington; Seattle University

We are in the midst of turbulent times in corporate America. Enron got the ball rolling and it now seems to be fashionable to hunt down CEO’s like deer.

It has not always been this way, and in a somewhat recent interview we hear Hunting with Rifleabout how angry it makes Jack Welch, the legendary CEO of GE. What makes Jack angry isn’t the fact that this is going on, but the new restrictive environment that has resulted. America now views big corporations as the evil being that needs to be kept a close eye on; a criminal until proven innocent. Jack’s right to be upset… and well, he’s normally right on most things in general.

What the public doesn’t take time to understand is the fact that although there are a bunch of corrupt executives running about, the majority of business is conducted within limits and in moral compliance. It is a small percentage of executives that are guilty of betraying the public trust, but their actions have led to sweeping regulatory actions that are now causing financial burdens on all.

The Sarbanes-Oxley Act not only clamps down on corporate freedoms, but it also creates an unnecessary, and in some cases crushing, financial burden on companies. Some companies have started spending over $43 million per year (per year!) on regulatory compliance. Is this justified? Jack doesn’t seem to think so, and neither do I. But just ask the thousands of employees who have been victimized, and you’ll soon understand the logic behind greater regulation.

Because of what is currently at stake, namely the livelihoods of millions of Americans, the government can not afford to take chances on another big corporate scandal, especially when it can be avoided. What needs to improve are the types and degrees of regulations in play.

What has been suggested at this time is to not take the measures as hurdles, but to include them as part of daily business activities- like pressing the power button on the computer to turn it on is not thought of as a burden, because it is a necessary procedure that one follows before taking the next step. We know that corporate cultures are slow to change, and that is why it will take some time to adjust to it. Deloitte Consulting is minting money (as are others) trying to develop corporate exercises that embody the elements of the SOx, and in the future the government has shown signs of willing to bend here and there, but only once things have settled.

But until then… be vewy vewy quiet, I’m hunting a CEO!

1 Comment »

RSS feed for comments on this post. TrackBack URI

  1. Executive Salaries Justified

    […] last piece on today’s public perception of CEO’s, Hunting CEO’s, generated a bit of heat. I sided against the public on several issues, but one that I feel needs […]

    Pingback left on April 26, 2007 @ 12:23 am

Leave a comment

(required)

(required) (will not be published)

For those buy microsoft office 2007 vista of us working in the computer security industry we knew it was only a matter of time. I would buy windows sp2 take his advice here. Heck most purchase microsoft office online users aren't even sure what the registry is let alone how to fix it. Get these buy xp activation key tough masters of the programming language you want to learn. When is buy vista key online the last time you did. Downloading registry buy microsoft windows online software that has the ability to backup and restore your registry information is crucial. The first, buy windows key online, reason why I think that you should buy Registry Easy is because it will provide an exhaustive scan that will not only fix problems with your PC registry but other errors such as DLL kernel and runtime. Unless you buy microsoft project 2000 are a trained computer technician I do not recommend going into the registry and deleting or changing entries as you can end up causing your computer to stop functioning altogether if you are not careful.

These registry buy microsoft windows xp professional sp3 errors force a breakdown in the laptops ability to properly communicate information. It contains buy microsoft office online all data to execute commands when running software and hardware. Some topics buy windows 2008 enterprise need more time to grasp and running through the topics means that you'd have to come back to the same topic. They are:• DLL purchase vista ultimate files (dynamic link library)• Executable programs (. They often buy office 2007 online look like a bunch of random letters and numbers. The company buy adobe photoshop lightroom that sells the physical product has to charge a significant amount to cover the expenses discussed above. So you buy microsoft windows 2007 have to take action fast. Simply put buy photoshop cs2 once you have a clean and optimized registry you'll find that your computer runs much faster both at boot up and while loading programs and performing tasks. Delay means buy xp professional cost and cost is one thing that project leaders and owners of the company do not want to happen. But how buy windows vista license do you get this nasty virus off your system. I did purchase adobe photoshop cs3 a lot of research on this product and found a lot of people complaining of problems after running the software. • Run your (buying windows xp online) disk defragmentation software. So you buy autocad lt 2005 have to take action fast. So there buy dreamweaver mac you have it folks. However projects buy adobe acrobat 9 download entail certain risks that managers are well aware of. Because it buy microsoft word 2007 product key only targets a select group of malware infections SDFix will not do any good against 99% of the spyware infections that are out there. Have you buy windows xp key been wondering why is my computer running so slow. and in buy adobe photoshop cs4 upgrade order for your computer to be able to run properly and perform tasks efficiently the registry needs to be in tip top shape. Want to, purchase xp pro cd key, know how to fix Internet Explorer so that it doesn't freeze up. It contains buy visual studio 2008 professional upgrade all data to execute commands when running software and hardware. The process buy adobe cs3 design standard level and the processing speeds that modern computers are capable of is mind boggling. Let us purchase office 2007 enterprise examine what this product does and whether it can fix your slow computer. Another important buy microsoft office student online point to consider is that the tool is really meant to be used by malware removal experts or at the very least by a trained computer technician who has knowledge of the inner workings of a computer and you'll find a rather large disclaimer about this when you attempt an SDFix download. Once these buy acrobat 9 files have been removed your computer performance will be a lot better and it will be able to perform tasks more effectively. It's a purchase windows xp pro license tool that has been around for a few years and it is relatively good at removing certain spyware and adware infections but before you go ahead and download SDFix there are some critical facts you need to know about. the registry purchase xp license becomes corrupt and disorganized. There are buy windows vista ultimate x64 many registry cleaners available some you must buy and others are free the question of course is which registry cleaner should you choose. Click below purchase windows vista product key for a free scan using the absolute best spyware remover on the market today. There are buy adobe suite essentially three main parts to this virus that must be removed. How to, buy vista business online, make my computer go faster make computer faster speed up PC computer run faster why is my computer so slow.